Dow Down 50% Since Peak, Major Indices Approach New Lows

In today's initial sell off, the Dow was down over 50% since its Oct 2007 peak. It has since bounced back a bit but is still down for the day. Here are more key dates for the Dow & S&P, both on a closing and intraday basis:

Dow

Last time the Dow closed below 7,000 was on 5/1/1997 . It closed at 6,976.48.

The Dow crossed below its February 23 intraday low of 7,105.94, its lowest level since October 28, 1997.

The last time the Dow closed below:7,100 = 5/7/1997 when the Dow closed at 7085.65 7,000 = 5/1/1997 when the Dow closed at 6,976.48 6,900= 4/28/1997 when the Dow closed at 6783.026,700 = 4/21/1997 when the Dow closed at 6660.216,600 = 4/15/1997 when the Dow closed at 6587.166,300 = 12/16/1996 when the Dow closed at 6268.356,200 = 11/6/1996 when the Dow closed at 6177.716,000 = 10/30/1996 when the Dow closed at 5993.235,900 = 9/30/1996 when the Dow closed at 5882.17

On an intraday basis, the last time the DJIA fell below:7,100 = 10/28/1997 when it hit an intraday low of 6971.326,900 = 4/29/1997 when it hit an intraday low of 6783.826,700 = 4/22/1997 when it hit an intraday low of 6657.46,600 = 4/16/1997 when it hit an intraday low of 6558.666,300 = 12/17/1996 when it hit an intraday low of 6236.056,200 = 11/8/1996 when it hit an intraday low of 6181.066,000 = 11/1/1996 when it hit an intraday low of 5998.825,900 = 10/1/1996 when it hit an intraday low of 5861.67

The last time the S&P closed below 740 was on 4/11/1997 when it settled at 737.65.

The S&P crossed below its 11/21/08 intraday low of 740.61, its lowest level since 4/14/1997 when it hit an intraday low of 733.53.

The last time the S&P closed below:730 = 12/17/1996 when the S&P closed at 726.04720 = 11/05/1996 when the S&P closed at 714.14710 = 11/04/1996 when the S&P closed at 706.73700 = 10/28/1996 when the S&P closed at 697.26 690 = 10/01/1996 when the S&P closed at 689.08680 = 9/12/1996 when the S&P closed at 671.13670= 9/11/1996 when the S&P closed at 667.28660= 9/6/1996 when the S&P closed at 655.68650=9/5/1996 when the S&P closed at 649.44

On an intraday basis, the last time the S&P fell below:730 = 1/2/1997 when it hit an intraday low of 729.60720 = 12/17/1996 when it hit an intraday low of 716.74710 = 11/5/1996 when it hit an intraday low of 706.73700 = 10/29/1996 when it hit an intraday low of 696.27690= 10/2/1996 when it hit an intraday low of 689.08680= 9/19/1996 when it hit an intraday low of 679.05670= 9/12/1996 when it hit an intraday low of 667.28660= 9/9/1996 when it hit an intraday low of 655.68650 = 9/6/1996 when it hit an intraday low of 649.44

Leading the S&P 500 to the downside are Citigroup , Principal Financial Group , and MetLife .